Commercial real estate special reports for powerful business research, trends, and extensive education and information on CRE markets, practices, industries and sectors
Become a GlobeSt influencer! Learn about our latest recognition opportunities highlighting the individuals, firms and teams changing the commercial real estate landscape.
LONG BEACH, CA-The acquisition, valued just under $2 million, is for a 72-unit loft development that will be part of the $75-million CityPlace development. The property was purchased by locally based Urban Pacific Builders.
ATLANTA-Local restaurateur, hero and baseball Hall-of-Famer Hank Aaron steps up to hit another home run with a Krispy Kreme franchise in Atlanta's West End. Terms of the deal weren't disclosed.
MINNEAPOLIS-Once threatened by contraction, the team has another year under the dome. A settlement is expected to help clear the way for negotiations for a new ballpark, as well as a possible sale of the Twins.
LONDON-UK consumers are hooked on the touch and feel experience of real-world shopping, according to a survey conducted among more than 500 of the property industry's leading figures by Chesterton International
ORLANDO-The Chicago-based manufacturer paid Airport International Park $1 million or $123,294 per acre ($2.83 per sf) for 8.5 acres where a planned 112,000-sf warehouse complex will house its Biscuit and Snack Group (Nabisco brand) operations near Orlando International Airport.
WASHINGTON, DC-The $42-million Ellington Plaza development in the District's U Street area gets under way this month with developer Donatelli & Klein Inc. spearheading the project. Upon its 2004 completion, Ellington will offer a 186-unit apartment building with parking and 15,000-sf of retail space.
DETROIT-Current lease income for five 29-year-old office/industrial buildings in the Fairlane Commerce Park North is $1.8 million per year. The new owner must assume a $12.8-million mortgage with Deutsche Banc Mortgage Capital.
SAN DIEGO-An LA development company headed by Denver billionaire Philip Anschutz receives a warning from the city of San Diego: discussions with the San Diego Chargers about a possible move to Los Angeles must stop.
ELGIN, IL-The possibility of an owner/user buying 1111 Bowes Rd. prompted Julien J. Studley, Inc. brokers to find three alternatives for United States Can Co., which ultimately signs a 144,578-sf lease renewal with the new owner, CenterPoint Properties Trust.